Gorlan Team, S.L., a Spanish family-owned industrial group, has announced the acquisition of the German TRIPUS Group in the framework of a company succession. Gorlan Team, based in the Basque region Vizkaya, is active in more than 70 countries through companies like Pronutec and Telergon.
TRIPUS Group is a market leading manufacturer of switches and control systems for the hand tools appliances and machinery industry for over thirty years. It has production facilities in Günzburg/Germany and Bierutow/Poland.
Gorlan Team takes over the company from its current owners, who will continue to stay involved in the business.
GLNS advised Gorlan Team on the transaction with partners Dr. Daniel Gubitz, Dr. Tobias Nikoleyczik (both Corporate/M&A) and Andreas Scheidle (Tax). Major Spanish law firm Cuatrecasas also advised Gorlan Team out of its Bilbao offices, with partner Ignacio Allende (Tax) and associate Eduardo Mouriz Delgado (Corporate/M&A) being in charge. KKG Kubas Kos Galkowski advised on Polish law with a team consisting of Dominik Galkowski, Pawel Sikora (both Corporate/M&A) and Boguslaw Wolniewicz (Tax).
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